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Kenya Re - what gives?
Rank: Veteran Joined: 3/26/2012 Posts: 1,182
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Kenya Re
What hails this stock?
Airport fire? Westgate? The impending expiry of its mandatory share of local reinsurance business?
PE of 5.62 Against;
Pan Africa's 13.42,
CiC 16.80,
Jubilee 8.45
@guru and others, What muted the drum beats?
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Rank: Veteran Joined: 3/26/2012 Posts: 985 Location: Dar es salaam,Tanzania
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mkeiyd wrote:What hails this stock?
Airport fire? Westgate? The impending expiry of its mandatory share of local reinsurance business?
PE of 5.62 Against;
Pan Africa's 13.42,
CiC 16.80,
Jubilee 8.45
@guru and others, What muted the drum beats? This stock needs to touch 13 level for a serious shakeout.I used to hold lots of it but dumped when i realized there are too many weaklings holding it.When the price starts to move up,count on the many spoilers to disrupt the up move. There was a time resistance was at 16,then 15 now its at 14.50-14.60.Early this week,we had a low of 13.25(Very significant weakness) But it will move up.Just like KK,this is not the time to buy
“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
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Rank: Veteran Joined: 3/26/2012 Posts: 985 Location: Dar es salaam,Tanzania
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And btw PE is 3.6 Shares like all commodities is significantly influenced by the forces of supply and demand.Imbalance of supply-demand causes price movements.
“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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This, just like KK, is in the BUY zone. The counters have good value in them for fundamental investors
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Rank: Veteran Joined: 3/26/2012 Posts: 985 Location: Dar es salaam,Tanzania
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mwekez@ji wrote:This, just like KK, is in the BUY zone. The counters have good value in them for fundamental investors Mwekezaji,Kenya Re is in the buy Zone but not now.Get 10-15% gains on other stocks now and buy Kenya Re in Feb in anticipation of the bonus
“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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Metasploit wrote:mwekez@ji wrote:This, just like KK, is in the BUY zone. The counters have good value in them for fundamental investors Mwekezaji,Kenya Re is in the buy Zone but not now.Get 10-15% gains on other stocks now and buy Kenya Re in Feb in anticipation of the bonus Who knows, by then Kenya Re could be up there having generated more than that the 10-15% gain
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Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi
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Metasploit wrote:mwekez@ji wrote:This, just like KK, is in the BUY zone. The counters have good value in them for fundamental investors Mwekezaji,Kenya Re is in the buy Zone but not now.Get 10-15% gains on other stocks now and buy Kenya Re in Feb in anticipation of the bonus I don't get it. Why would a bonus translate to higher prices? I know it has in the past, but it's like get 5 ten shilling coins for your 50bob note.
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Rank: Veteran Joined: 3/26/2012 Posts: 1,182
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Horton wrote:Metasploit wrote:mwekez@ji wrote:This, just like KK, is in the BUY zone. The counters have good value in them for fundamental investors Mwekezaji,Kenya Re is in the buy Zone but not now.Get 10-15% gains on other stocks now and buy Kenya Re in Feb in anticipation of the bonus I don't get it. Why would a bonus translate to higher prices? I know it has in the past, but it's like get 5 ten shilling coins for your 50bob note. Because bonus is capitalized earnings. Going forward,more capital for the company means more investments leading to more revenue and ultimately, earnings.
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Rank: Veteran Joined: 3/26/2012 Posts: 1,182
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mwekez@ji wrote:Metasploit wrote:mwekez@ji wrote:This, just like KK, is in the BUY zone. The counters have good value in them for fundamental investors Mwekezaji,Kenya Re is in the buy Zone but not now.Get 10-15% gains on other stocks now and buy Kenya Re in Feb in anticipation of the bonus Who knows, by then Kenya Re could be up there having generated more than that the 10-15% gain I'm torn between the two tending towards KenRe. Not long ago,around June this year, Kenya Re was being discussed in the same breath with Coop. Today, Kenya Re is @14.50 while Coop is @17.80.
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Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi
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mkeiyd wrote:Horton wrote:Metasploit wrote:mwekez@ji wrote:This, just like KK, is in the BUY zone. The counters have good value in them for fundamental investors Mwekezaji,Kenya Re is in the buy Zone but not now.Get 10-15% gains on other stocks now and buy Kenya Re in Feb in anticipation of the bonus I don't get it. Why would a bonus translate to higher prices? I know it has in the past, but it's like get 5 ten shilling coins for your 50bob note. Because bonus is capitalized earnings. Going forward,more capital for the company means more investments leading to more revenue and ultimately, earnings. This does not necessarily translate to "more investments".
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Rank: Veteran Joined: 3/26/2012 Posts: 1,182
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Horton wrote:
This does not necessarily translate to "more investments".
If we go that slippery road,we might never come back. I leave it at that.
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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Dividend yield at 14.5 is 2.7% and a measly pay out ratio of 10% ... Unless the dividend policy improves stagnation on the share price may be the order of the day! Mark 12:29
Deuteronomy 4:16
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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guru267 wrote:Dividend yield at 14.5 is 2.7% and a measly pay out ratio of 10% ... Unless the dividend policy improves stagnation on the share price may be the order of the day!
Not all counters are about dividend, you know that, right?
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Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi
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mwekez@ji wrote:guru267 wrote:Dividend yield at 14.5 is 2.7% and a measly pay out ratio of 10% ... Unless the dividend policy improves stagnation on the share price may be the order of the day!
Not all counters are about dividend, you know that, right? Kenre keep revaluing their assets. Not a growth company. Only thing I can think of would be dividends!
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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Horton wrote:mwekez@ji wrote:guru267 wrote:Dividend yield at 14.5 is 2.7% and a measly pay out ratio of 10% ... Unless the dividend policy improves stagnation on the share price may be the order of the day!
Not all counters are about dividend, you know that, right? Kenre keep revaluing their assets. Not a growth company. Only thing I can think of would be dividends! Every company in the business of investment has to revalue their portfolio. Doesnt all other similar companies do the same? Dont you revalue your portfolio every day? ... Come on, not all counters are about dividend and especially the insurance and investment companies.
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Rank: Veteran Joined: 3/26/2012 Posts: 1,182
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mwekez@ji wrote:Horton wrote:mwekez@ji wrote:guru267 wrote:Dividend yield at 14.5 is 2.7% and a measly pay out ratio of 10% ... Unless the dividend policy improves stagnation on the share price may be the order of the day!
Not all counters are about dividend, you know that, right? Kenre keep revaluing their assets. Not a growth company. Only thing I can think of would be dividends! Every company in the business of investment has to revalue their portfolio. Doesnt all other similar companies do the same? Dont you revalue your portfolio every day? ... Come on, not all counters are about dividend and especially the insurance and investment companies. I would prefer they don't give out divs but bonus shares. My dividends end up on things i can do without. If and when the policy changes to paying better divs, those on board will reap. I will assume @guru jumped ship. Rem what @obiero says about HF after jumping? 
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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mkeiyd wrote:mwekez@ji wrote:Horton wrote:mwekez@ji wrote:guru267 wrote:Dividend yield at 14.5 is 2.7% and a measly pay out ratio of 10% ... Unless the dividend policy improves stagnation on the share price may be the order of the day!
Not all counters are about dividend, you know that, right? Kenre keep revaluing their assets. Not a growth company. Only thing I can think of would be dividends! Every company in the business of investment has to revalue their portfolio. Doesnt all other similar companies do the same? Dont you revalue your portfolio every day? ... Come on, not all counters are about dividend and especially the insurance and investment companies. I would prefer they don't give out divs but bonus shares. My dividends end up on things i can do without. If and when the policy changes to paying better divs, those on board will reap. I will assume @guru jumped ship. Rem what @obiero says about HF after jumping? You nailed it #guru #obiero
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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mwekez@ji wrote:guru267 wrote:Dividend yield at 14.5 is 2.7% and a measly pay out ratio of 10% ... Unless the dividend policy improves stagnation on the share price may be the order of the day!
Not all counters are about dividend, you know that, right? @Mwekez@ji Kenya re has never had a good dividend policy so when I invested it was not for the dividends! I'm staying put here since my buy price is 10bob... That said if CEOs analysed the average trading patterns of Kenyan investors they would be paying all the dividends they possibly could to maximize capital gains... (Behavioural finance) Mark 12:29
Deuteronomy 4:16
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Rank: Elder Joined: 3/19/2013 Posts: 2,552
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Rank: Elder Joined: 12/4/2009 Posts: 10,636 Location: NAIROBI
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The counter is now beginning to behave appropriately. Should return back to ksh.17+++ Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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